Implications and Outlook
1. Bitcoin and all major crypto coins are showing off decent results today (June 6) following Monday ’s unfavorable trading session, as cryptos are appearing from the short-term Coin Rallies and Mean/Key Resistance pullbacks.
2. Even though the leading crypto currencies are hovering slightly below their latest momentum they are nevertheless in a most critical downtrend position coming from a long-term outcome, the critical Key/Mean Support levels awaiting to re-visited, as the evolving trend remains to be somewhat in one piece.
3. Current Bullish/Bearish bias is 60/40
1. Bitcoin and all major crypto coins are showing off decent results today (June 6) following Monday ’s unfavorable trading session, as cryptos are appearing from the short-term Coin Rallies and Mean/Key Resistance pullbacks.
2. Even though the leading crypto currencies are hovering slightly below their latest momentum they are nevertheless in a most critical downtrend position coming from a long-term outcome, the critical Key/Mean Support levels awaiting to re-visited, as the evolving trend remains to be somewhat in one piece.
3. Current Bullish/Bearish bias is 60/40